PYMNTS

OCTOBER 23, 2017

Ersell’s organization specializes in credit card and eCommerce fraud (including account takeover), which calls for different skills and strategies than, say, hacking into merchants’ websites. They’re using weak passwords – oftentimes, the same weak password for all of their online accounts. Growth Trajectory.

Account Takeovers 53

Account Takeovers Accounts Cybersecurity Bots 53

PYMNTS

AUGUST 19, 2019

In the latest Mobile Order-Ahead Tracker , PYMNTS explores the latest developments in the world of QSR rewards programs and how credential stuffing and account takeovers are plaguing the industry. Cybercriminals attempted to sell accounts and loyalty credits. So, what are the downsides? “We Hacks aren’t exclusive to the U.S.

Account Takeovers 63

Account Takeovers Data Breach Bots Credential 63

PYMNTS

JULY 13, 2020

Account takeovers (ATOs) are a growing source of pain for financial institutions (FIs) and their customers, with losses from these attacks rising 164 percent in 2018. Some of these attacks see bots entering random words and numbers, while others involve entering common usernames and passwords.

Credential 58

Credential Bots Authentication Online and Mobile Banking 58

PYMNTS

OCTOBER 29, 2018

Payments and commerce fraud has its own ecosystem, one that includes criminals, servers and other computing devices, IP addresses, compromised payment cards and stolen personal data, and even houses and other physical locations. It becomes like a glowing beacon compared to what you normally see in the background.”.

Fraud Prevention 79

Fraud Prevention Identity Theft Third-Party Service Provider Account Takeovers 79

PYMNTS

APRIL 24, 2018

Of these, none are more insidious than Account Takeover, aka ATO. Finally, Shem-Tov said regaining control of compromised accounts can be a long and complicated process, starting with proving one’s identity to the security and customer service team. Under it, there are numerous types of categories and attacks.

Breach 50

Breach Bots Credential Data Breach 50

PYMNTS

JUNE 14, 2017

PYMNTS asked Tom Byrnes, chief marketing officer at Vesta, to weigh in on the battleground of account takeovers and what can be done to protect sales and boost customer loyalty. Fewer than half of merchants have taken additional steps for account authentication solutions beyond standard login details.

Consumer 58

Consumer Authentication Account Takeovers Compromise 58

PYMNTS

JUNE 26, 2018

Account takeovers are finding favor among fraudsters. Account takeovers have the double-barreled effect of being easier to complete successfully — for the bad guys — and are harder to head off (by the good guys). Furthermore, the company said that bots are being used to abuse stolen credentials.

Account Takeovers 46

Account Takeovers Faster Payments Breach Credit Cards 46